Coinbase Global (NASDAQ:COIN – Get Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Coinbase Global to post earnings of $0.46 per share and revenue of $1.70 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Coinbase Global Stock Performance
Shares of COIN opened at $275.14 on Thursday. The stock has a market capitalization of $68.88 billion, a P/E ratio of 46.95 and a beta of 3.61. Coinbase Global has a 12-month low of $114.51 and a 12-month high of $349.75. The firm’s 50 day moving average is $286.47 and its 200-day moving average is $236.59. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.03 and a quick ratio of 1.03.
Insiders Place Their Bets
In other news, insider Paul Grewal sold 7,104 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $307.80, for a total transaction of $2,186,611.20. Following the transaction, the insider now owns 79,407 shares in the company, valued at approximately $24,441,474.60. The trade was a 8.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Brian Armstrong sold 58,269 shares of Coinbase Global stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $328.00, for a total value of $19,112,232.00. Following the sale, the chief executive officer now directly owns 526 shares in the company, valued at approximately $172,528. This trade represents a 99.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 386,570 shares of company stock valued at $115,554,837 in the last quarter. Insiders own 23.43% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Report on Coinbase Global
About Coinbase Global
Coinbase Global, Inc provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.
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